Manoogian Simone Foundation
The Manoogian Simone Foundation is a private foundation established in 1962, based in Dearborn, Michigan. It operates as a 501(c)(3) organization with no employees and functions as a grantmaking foundation focused on supporting Armenian organizations and human service initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$43.3M
+2.4% YoY
Annual Giving
$9.5M
+1.3% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$1.4M
-56.6% YoY
Mission & Focus Areas
The foundation's giving priorities center primarily on Armenian organizations, alongside support for other human service organizations. Primary funding focus areas include:
- Arts, Culture & Humanities
- Education
- Philanthropy, Voluntarism & Grantmaking
- Music
Grantmaking
The foundation made 23 grants in 2024, with total giving of $9,504,926. Typical grant awards range from $25,000 to $5,446,926.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends to California, New Hampshire, and Florida, with particular emphasis on supporting Armenian organizations nationally.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $43,345,748
- Total Revenues: $10,800,575
- Total Expenses: $9,755,955
- Total Giving: $9,504,926
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $43,345,748 | $42,347,475 | $41,480,479 |
| Revenue | $10,800,575 | $10,394,130 | $5,248,309 |
| Expenses | $9,755,955 | $9,637,302 | $10,888,756 |
| Qualifying Distributions | $9,598,141 | $9,485,205 | $10,805,357 |
| Net Investment Income | $10,792,783 | $10,386,404 | $5,237,714 |
| Distributable Amount | $12,096,910 | $9,630,742 | $9,434,826 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Christine M Simone - President and Treasurer (compensation: $75,000 as of March 2024)
- David Simone - Trustee
- Mark Simone - Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINE M SIMONE | PRESIDENT / TREASURER | 30 | $75,000 |
| DAVID SIMONE | DIRECTOR | 2 | — |
| MARK SIMONE | V.P. / SECRETARY | 2 | — |
Contact Information
- Address: 330 Town Center Drive, Suite 730, Dearborn, MI 48126-2719
- Phone: 313-274-8799
- EIN: 38-1799107
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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